ACTIVE

P.V.S.

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Financial year 2025 · closed on 30/09/2025

Net result

38,9 k €

-18.3% YoY

Gross margin

132,4 k €

+15.6% YoY

Equity

525,2 k €

-41.0% YoY

Workforce

0,0 ETP

What does P.V.S. do?

P.V.S. is a Private limited company incorporated in 1993. Its registered office is in Hemiksem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.643.579

Incorporation

23/12/1993

Legal form

Private limited company

Registered office

Assestraat 1
2620 Hemiksem · FlandreSee on map

Contributed capital

12 605,32 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	132,4 k €	+15.6%	114,5 k €	-32.6%	169,9 k €	-15.1%	200,2 k €	+13.5%	176,4 k €	-30.5%	253,9 k €	+110%	120,8 k €	+2.1%	118,3 k €	+1.6%	116,5 k €	+3.9%	112,1 k €	-6.4%	119,8 k €	+11.0%	107,9 k €	+0.9%	106,9 k €	+45.9%	73,3 k €	-8.8%	80,4 k €	-5.1%	84,7 k €	+1.7%	83,3 k €	-5.0%	87,6 k €
EBITDA	124,1 k €	+12.6%	110,3 k €	-32.7%	163,7 k €	-15.6%	193,9 k €	+35.9%	142,7 k €	-42.7%	249 k €	+115%	115,8 k €	+3.5%	111,9 k €	+1.0%	110,9 k €	+3.4%	107,2 k €	-6.5%	114,6 k €	+11.4%	102,9 k €	+0.7%	102,2 k €	+47.6%	69,2 k €	-10.8%	77,6 k €	-5.4%	82 k €	+0.8%	81,4 k €	-5.1%	85,7 k €
Operating result	79,5 k €	+17.2%	67,9 k €	-44.8%	123 k €	-19.1%	151,9 k €	+51.4%	100,4 k €	-42.0%	172,9 k €	+372%	36,6 k €	+26.4%	29 k €	+22.8%	23,6 k €	+126%	10,4 k €	-62.4%	27,7 k €	+98.4%	14 k €	-12.2%	15,9 k €	+310%	-7,6 k €	-118%	42,2 k €	-14.9%	49,5 k €	-0.4%	49,8 k €	-7.4%	53,7 k €
Net result	38,9 k €	-18.3%	47,7 k €	-52.6%	100,5 k €	-23.1%	130,7 k €	+34.5%	97,2 k €	-70.6%	330,4 k €	+1785%	17,5 k €	+31.8%	13,3 k €	-81.8%	73,1 k €	+251%	20,8 k €	-79.7%	102,5 k €	+1221%	-9,1 k €	-138%	24,4 k €	+205%	-23,2 k €	-185%	27,2 k €	-6.8%	29,2 k €	+4.5%	27,9 k €	-5.7%	29,6 k €
Balance sheet
Equity	525,2 k €	-41.0%	890,4 k €	+5.7%	842,7 k €	+13.5%	742,2 k €	+21.4%	611,5 k €	+45.7%	419,8 k €	-6.6%	449,4 k €	+4.1%	431,9 k €	+3.2%	418,6 k €	-1.6%	425,5 k €	-0.0%	425,7 k €	+0.1%	425,1 k €	-2.1%	434,3 k €	-1.3%	439,9 k €	-5.0%	463,1 k €	+1.8%	454,9 k €	+6.6%	426,6 k €	+7.0%	398,7 k €
Total assets	995,3 k €	-15.9%	1,2 M €	+3.4%	1,1 M €	+2.7%	1,1 M €	+1.8%	1,1 M €	-6.3%	1,2 M €	-5.0%	1,2 M €	+15.5%	1,1 M €	-10.4%	1,2 M €	+4.7%	1,1 M €	+6.5%	1,1 M €	-2.9%	1,1 M €	-12.2%	1,2 M €	+7.8%	1,2 M €	+87.1%	619,5 k €	-1.2%	626,8 k €	-3.0%	646,2 k €	-2.2%	661 k €
Cash	31,8 k €	-31.9%	46,7 k €	+8.0%	43,2 k €	+20.0%	36 k €	-13.4%	41,6 k €	+89.8%	21,9 k €	+2.4%	21,4 k €	+96.1%	10,9 k €	-48.6%	21,2 k €	+10.1%	19,3 k €	+78.1%	10,8 k €	+76.3%	6,1 k €	+6.1%	5,8 k €	-87.4%	46,1 k €	+127%	20,3 k €	-47.6%	38,8 k €	-20.7%	48,8 k €	+59.0%	30,7 k €
Debts	453,9 k €	+54.6%	293,5 k €	-0.9%	296,2 k €	-20.2%	371,4 k €	-22.5%	479,4 k €	-35.6%	744,9 k €	-4.3%	778,1 k €	+23.3%	631,1 k €	-17.5%	764,7 k €	+8.7%	703,4 k €	+10.9%	634,3 k €	-5.0%	667,6 k €	-17.0%	804,1 k €	+12.6%	714 k €	+375%	150,3 k €	-9.0%	165,1 k €	-22.2%	212,1 k €	-16.6%	254,5 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

Koen Pieters

Director · since 02 août 2022

Active

Veronique Van Steen

Director · since 02 août 2022

Active

Ended mandates

Koen Pieters

Director · since 05 septembre 2005

Ended

Veronique Van Steen

Director · since 23 décembre 1993

Ended

Koenraad Pieters

Director

Ended

Koenraad Pieters

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
HEMIFAR● Active	0421.142.524

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/01/2026	19/12/2024	26/04/2024	12/04/2023	01/06/2022	29/04/2021
General meeting	20/11/2025	17/12/2024	31/03/2024	24/02/2023	22/04/2022	29/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	20/11/2025	28/01/2026	Dutch	PDF
Abridged model	30/09/2024	17/12/2024	19/12/2024	Dutch	PDF
Abridged model	30/09/2023	31/03/2024	26/04/2024	Dutch	PDF
Abridged model	30/09/2022	24/02/2023	12/04/2023	Dutch	PDF
Abridged model	30/09/2021	22/04/2022	01/06/2022	Dutch	PDF
Abridged model	30/09/2020	29/03/2021	29/04/2021	Dutch	PDF
Abridged model	30/09/2019	27/03/2020	24/04/2020	Dutch	PDF
Abridged model	30/09/2018	22/02/2019	25/02/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	04/04/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	31/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	08/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	27/02/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	28/03/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	25/02/2013	Dutch	PDF
Abridged model	30/09/2011	09/04/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	01/03/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	02/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/02/2009	02/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	03/03/2008	Dutch	PDF
Abridged model	30/09/2006	23/02/2007	22/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

Koen Pieters

Director · since 02 août 2022

Active

Veronique Van Steen

Director · since 02 août 2022

Active

Ended mandates

Koen Pieters

Director · since 05 septembre 2005

Ended

Veronique Van Steen

Director · since 23 décembre 1993

Ended

Koenraad Pieters

Director

Ended

Koenraad Pieters

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/08/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/01/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares22/05/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates26/09/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202538,9 k €↓
2024
Annual accounts 202447,7 k €↓
2023
Annual accounts 2023100,5 k €↓
2022
Annual accounts 2022130,7 k €↑
2021
Annual accounts 202197,2 k €↓
2019
Annual accounts 2019330,4 k €↑
2018
Annual accounts 201817,5 k €↑
2017
Annual accounts 201713,3 k €↓
2016
Annual accounts 201673,1 k €↑
2015
Annual accounts 201520,8 k €↓
2014
Annual accounts 2014102,5 k €↑
2013
Annual accounts 2013-9,1 k €↓
2012
Annual accounts 201224,4 k €↑
2011
Annual accounts 2011-23,2 k €↓
2010
Annual accounts 201027,2 k €↓
2009
Annual accounts 200929,2 k €↑
2008
Annual accounts 200827,9 k €↓
2007
Annual accounts 200729,6 k €
23/12/1993
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

P.V.S.

Overview

What does P.V.S. do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline